... the first Russian-Saudi roundtable on bilateral relations, Middle East situation and the Gulf security.
The event was opened by RIAC Director General Andrey Kortunov, MGIMO Pro-Rector on Research and RIAC member Eugeny Kozhokin, Russian Ambassador to Saudi Arabia Oleg Ozerov, Saudi Ambassador to Russia Abdulrahman bin Ibrahim Al-Rassi, and Institute of Diplomatic Studies Director Abdulkarim bin Hamoud Al-Dakhil.
The event was attended by key Russian and Saudi experts, with RIAC represented by Ambassador ...
... the global economy; especially in regards to the export of oil. While there are recurring talks of the supposed US drawdown and changing regional dynamics, Russia does have the chance to play a bigger and more effective role in the region.
Recently, Saudi Arabia signed a commitment with Russia to invest up to US $10 billion on various projects, and as part of the agreement, Russia too will invest in the Saudi Arabian market. Russian trade and economic commitments with other GCC states have also increased ...
Russia is decidedly stepping up its Middle East policy, as evidenced, for example, by the number of visits to Moscow already held or planned for this year by heads of Arab states. The rulers of Saudi Arabia, Kuwait, Qatar, Egypt, Morocco and Jordan, and the crown prince of the United Arab Emirates, are expected to visit Russia before the end of 2015. Saudi King Salman bin Abdul-Aziz Al Saud’s upcoming visit to Moscow this year is of particular ...
... Minister Adel Al-Jubeir
was in Moscow on an official visit
and met with his Russian counterpart Sergey Lavrov, aiming to facilitate the reset of the bilateral relationship launched by Riyadh earlier this year after the change of power in the Kingdom of Saudi Arabia.
Last January 23, Salman ibn Abdul-Aziz Al-Saud, half brother of the late King Abdullah took throne of Saudi Arabia. This new ruler immediately began updating the country's domestic and foreign polices. As part of this initiative, Foreign ...
... prices before the hypothetical 1968-type oil slump occurs. Since OPEC producers have almost filled their existing storage they are unlikely to keep ramping up production. National budgets of OPEC members are now critically dependent on the price of oil. Saudi Arabia, for example, had to issue first sovereign bond since 2007 to cover the budget deficit caused by cheap oil.
Even though OPEC says it intends to maintain the output ceiling to defend its share of the market and that low oil prices is a short-term ...
... the 30-year-old His Royal Highness Prince Mohammed bin Salman bin Abdulaziz al-Saud to Russia and his talks with President Putin made
front-page news
.
As a matter of fact, in claiming the role of the leader of the Persian Gulf and the Arab World, Saudi Arabia is in the midst of a very significant political transition coupled with a
generational change
in its national leadership. Although the country’s domestic structure is quite fragile, the Saudis still have marked influence over regional ...
... not initiated one single invasion since this regime took power. Yes, it has used terrorism and non-state militia actors to further its interests, but so has pretty much every Middle Eastern country (including American allies like Israel, Turkey, and Saudi Arabia) as well as the United States in recent decades. Iran has also cooperated with the U.S. against the Talbian, al-Qaeda, and, most recently, against ISIS. And Iran’s foreign policy record has been less the unpredictable, dangerous type ...
... reached at the summit was to jointly develop a region-wide ballistic missile defense capability and a ballistic missile early warning system. Several GCC states have necessary defense components in place already, such as short-range Patriot systems in Saudi Arabia and THAAD systems in Qatar, but the new agreement provides for the installation of a comprehensive system that would allow short- to long-range missile defense. The plan is particularly significant when one considers the GCC’s decision ...
... Development of France had announced that negotiations would be taking place regarding projects whose total cost would come to “tens of billions of euros”. And it just so happens that Laurent Fabius and French President François Hollande are
currently in Saudi Arabia
as guests at the Cooperation Council for the Arab States of the Gulf summit, where they are discussing new arms deliveries. Could it be that Barack Obama was hinting to potential buyers that they should hold on to their money until “real” ...
Oil prices have recently been gaining some momentum due to a multitude of factors, including the slowing of rig count declines in the US, a possible decline in production as well as Saudi Arabia raising the oil price for Asian customers for a second consecutive month. Questions arise, however, as to where the ongoing crisis in Yemen fits in this equation.
Yemen is a minor-league oil producing country; its oil production peaked at ...
